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St. Paul HRA approves $100,000 business loan and declares Ham site surplus
Summary
At its second 2025 meeting the St. Paul Housing and Redevelopment Authority approved Resolution 25-24 authorizing a loan of up to $100,000 to Lenoir Bridal LLC and adopted Resolution 25-25 declaring the Ham redevelopment site surplus to allow release of prior state bond obligations. Both measures passed 7-0.
The St. Paul Housing and Redevelopment Authority on Jan. 8 adopted two resolutions: one authorizing a loan of up to $100,000 to Lenoir Bridal LLC and another declaring the Ham redevelopment site surplus so the property can be released from earlier state bond restrictions.
The board approved Resolution 25-24, which authorizes a loan of up to $100,000 from the HRA business assistance fund to Lenoir Bridal LLC, located at 5 Seventh Street East in what staff identified as District 17, Ward 2. Director Newton told commissioners the item had been presented…
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